November 28, 2016 - By Ellis Scott
A public report filed with the DC-based SEC on 28-11-2016 revealed that Sharon France, the major shareholder of International Speedway Corp, ‘s company bought 45 shares. With avg. share price of $37.4, the transaction’s worth is $1,684 USD. In the last month, she also obtained 53 shares that are worth about $1,948 USD. Presently, Sharon France owns a total of 17.89 million shares or 39.60% of the company’s total market cap.
Insitutional Activity: The institutional sentiment is 1.1 in 2016 Q2. Its the same as in 2016Q1. The ratio has no change, as 11 funds sold all International Speedway Corp shares owned while 49 reduced positions. only 15 funds bought stakes while 51 increased positions. They now own 23.44 million shares or 2.91% less from 24.14 million shares in 2016Q1.
Manufacturers Life Insur Communications The owns 54,161 shares or 0% of their US portfolio. Rhumbline Advisers, a Massachusetts-based fund reported 54,769 shares. Barclays Public Limited Company has 2,241 shares for 0% of their US portfolio. Boyar Asset Mgmt holds 25,499 shares or 0.68% of its portfolio. Blackrock has invested 0% of its portfolio in International Speedway Corp (NASDAQ:ISCA). Oakworth Cap Inc last reported 0% of its portfolio in the stock. Horizon Kinetics Ltd Liability accumulated 0.01% or 12,738 shares. Dimensional Fund Advsrs L P, a Texas-based fund reported 1.30 million shares. Cornerstone Advisors holds 0% or 100 shares in its portfolio. Teacher Retirement Sys Of Texas owns 14,383 shares or 0% of their US portfolio. Fort Washington Inv Advsrs Inc Oh has 0.08% invested in the company for 126,011 shares. Teachers Retirement System Of The State Of Kentucky accumulated 0% or 4,800 shares. Principal Finance Group Incorporated Inc accumulated 0% or 96,617 shares. Ameritas Partners holds 0.01% or 6,291 shares in its portfolio. State Treasurer State Of Michigan holds 0% of its portfolio in International Speedway Corp (NASDAQ:ISCA) for 10,650 shares.
Insider Transactions: Since July 1, 2016, the stock had 78 buys, and 1 insider sale for $765,610 net activity. On Wednesday, November 23 FRANCE JAMES C bought $1,684 worth of the stock or 45 shares. On Wednesday, November 23 CARL TWO LP bought $1,684 worth of the stock or 45 shares. Shares for $1,948 were bought by KENNEDY BENJAMIN Z. William C. France Family Trust dated November 4 – 2004 had bought 6 shares worth $203 on Friday, July 1. Another trade for 53 shares valued at $1,948 was made by PRINCIPAL INVESTMENT CO on Monday, November 14. Another trade for 45 shares valued at $1,684 was made by FRANCE BRIAN Z on Wednesday, November 23. ASHLEY DALLAS STEVEN bought $1,948 worth of stock or 53 shares.
About 39,622 shares traded hands. International Speedway Corp (NASDAQ:ISCA) has risen 11.55% since April 25, 2016 and is uptrending. It has outperformed by 5.54% the S&P500.
International Speedway Corporation is an owner of motorsports entertainment facilities and promoter of motorsports themed entertainment activities. The company has a market cap of $1.71 billion. The Company’s business is a motorsports themed amusement enterprise, furnishing amusement in the form of motorsports themed entertainment. It has a 22.91 P/E ratio. The Company’s motorsports themed event activities consists of racing events at its motorsports entertainment facilities, which include providing catering, and food and beverage concessions at its motorsports entertainment facilities that host National Association for Stock Car Auto Racing Sprint Cup Series events.
According to Zacks Investment Research, “International Speedway Corporation’s operations consist principally of racing events at its motorsports facilities, which generate revenue primarily through sales of admissions to racing events, television broadcast rights fees, sponsorship fees, hospitality rentals, royalties from licenses of trademarks and provides catering, souvenir and food concession services at certain facilities.”
Analysts await International Speedway Corp (NASDAQ:ISCA) to report earnings on January, 24. They expect $0.78 EPS, up 5.41% or $0.04 from last year’s $0.74 per share. ISCA’s profit will be $35.54 million for 12.03 P/E if the $0.78 EPS becomes a reality. After $0.03 actual EPS reported by International Speedway Corp for the previous quarter, Wall Street now forecasts 2,500.00% EPS growth.
More important recent International Speedway Corp (NASDAQ:ISCA) news were published by: Reuters.com which released: “BRIEF-International Speedway Corp announces amendment to share repurchase ..” on November 10, 2016, also Forbes.com published article titled: “Lesa France Kennedy, International Speedway Corporation Debut $400 Million ..”, Globenewswire.com published: “International Speedway Corporation Third Quarter 2016 Financial Results ..” on October 05, 2016. More interesting news about International Speedway Corp (NASDAQ:ISCA) was released by: Bizjournals.com and their article: “International Speedway Corp. sees drop in 2Q revenue” with publication date: July 02, 2015.
International Speedway Corporation, incorporated on May 7, 1953, is an owner of motorsports entertainment facilities and promoter of motorsports themed entertainment activities. The Company’s business is a motorsports themed amusement enterprise, furnishing amusement in the form of motorsports themed entertainment. The Company’s motorsports themed event activities consist of racing events at its motorsports entertainment facilities, which include providing catering, and food and beverage concessions at its motorsports entertainment facilities that host National Association for Stock Car Auto Racing (NASCAR) Sprint Cup Series events except for catering, and food and beverage concessions at Chicagoland and Route 66. The Firm has approximately 763,500 grandstand seats and over 550 suites.
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By Ellis Scott